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$10,500,000

3441 GULFMEAD DRIVE, SARASOTA, FL 34242

3D Tour

Active6 days on market

Beds

Baths

Sq Ft

4,769 sq ft

Year Built

2026

Lot Size

0.41 acres

Garage

About This Property

Pre-Construction. To be built. This luxurious grand canal-front estate offers direct deep-water boating to the Gulf, out of one of the most exclusive neighborhoods on north Siesta Key. This in progress New Construction property by Pham Development is on an expansive 17,842 SF and 0.41 acre lot, with a 4,769 SF traditional-style home to be built. Enjoy two separate guests suites on top of the two 2-car garages, for a total of 4 garage spaces, both with elevator access to the above suites. The master bedroom will have water views, and the grand entry home hosts a total of 6 bedrooms, 6 baths, and 1 powder bath. This property's deep-water grand canal with no bridges is ideal for yachts and boats, with up to a 13-foot draft. A new dock and boat lift is set to be installed. Inside, expansive living spaces boast high-end finishes and top-of-the-line appliances, blending timeless elegance with modern comfort. Enjoy the water, and a large backyard perfect for entertaining, a private pool, and new lush landscaping—making this the ultimate waterfront estate for family.

Property Overview

Property TypeResidential

Sub TypeSingle Family Residence

MLS #A4693315

StatusActive

Year Built2026

Total Rooms3

ConstructionBlock

RoofMetal

FoundationSlab

FacesWest

SubdivisionGULFMEAD ESTATES

CountySarasota

OwnershipFee Simple

New ConstructionYes

Interior Features

InteriorBuilt-in Features, Ceiling Fan(s), Dry Bar, High Ceilings, Primary Bedroom Main Floor

FlooringEngineered Hardwood, Porcelain Tile

AppliancesBar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Washer

LaundryLaundry Room

WindowsStorm Window(s)

CoolingCentral Air

HeatingNatural Gas

FireplaceYes ()

Exterior & Lot

ExteriorIrrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Private Mailbox, Private Yard, Rain Gutters

Lot Size0.41 acres (17,842 sq ft)

Road SurfaceAsphalt

ViewWater

Pool & Spa

Private PoolYes

Pool FeaturesHeated, In Ground, Salt Water

SpaHeated, In Ground

Waterfront

WaterfrontYes

FeaturesCanal - Saltwater

Utilities

WaterCanal/Lake For Irrigation

SewerPublic Sewer

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Parking

GarageYes (4 spaces)

HOA & Community

HOANo

Senior CommunityNo

Financial Details

List Price$10,500,000

Annual Taxes$16,553 (2025)

ZoningRSF1

Parcel #2019110038

Schools

ElementaryPhillippi Shores Elementary

MiddleBrookside Middle

HighSarasota High

Directions

Go down Gulfmead Drive, house will be to your right.

Location

3441 GULFMEAD DRIVE, SARASOTA, FL 34242

Listing Information

OfficeTHE STUTZMAN REALTY GROUP, LLC

ListedMay 26, 2026

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Home Price

$10,500,000

Down Payment20% ($2,100,000)

Interest Rate6.75%

Loan Term

Principal & Interest$54,482

Property Tax (est.)$9,625

Insurance (est.)$150

Total Monthly$64,257

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Nearby Schools

Elementary School

Phillippi Shores Elementary

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Middle School

Brookside Middle

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High School

Sarasota High

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Financing a Luxury Home

Specialized financing for this $10,500,000 property in SARASOTA. Luxury purchases typically require jumbo or portfolio lending.

💎

Jumbo Loan

$1,050,000 Down

For homes exceeding conforming loan limits. Typically requires 10-20% down, strong credit, and reserves.

🎖️

VA Jumbo

$0 Down

VA-eligible borrowers can go above conforming limits with zero down in many cases.

🏦

Portfolio Loan

$1,575,000 Down

Held by the lender, not sold. Flexible terms for high-net-worth buyers with non-traditional income.

🔑

Bridge Loan

$2,100,000 Down

Short-term financing to buy before selling. Ideal for move-up buyers in competitive markets.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: June 1, 2026.